Web Reference: Jun 19, 2023 · With label.new and its accompanying functions, Pine Script provides a flexible and efficient way to add custom labels to your charts. By mastering these, you can create powerful visual aids to assist in your trading strategy. Contrary to plot*() functions, label-handling functions can be inserted in conditional or loop structures, making it easier to control their behavior. You can add tooltips to labels. Feb 9, 2025 · Adding labels to highlight important price levels, signals, or market conditions can transform how you analyze markets. The label.new function in Pine Script is your gateway to creating these dynamic chart annotations.
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